Commission-revenue maximization in a general equilibrium model of asset creation.

Part of a special issue on financial innovation and security design. A general equilibrium model of endogenous asset formation is presented in which a monopolistic agent, called the designer, can create any types of assets and charge commissions as long as the total number of the types of assets is...

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Bibliographic Details

Published in:	Journal of Economic Theory Vol. 65; pp. 258 - 299
Main Author:	Hara, Chiaki
Format:	Article
Published:	Academic Press Inc. February 1995
Subjects:	Resource allocation > Mathematical models Finance Mathematical models Innovations in business Securities Mathematical models of investments Economic equilibrium
Online Access:	View this record in EBSCOhost